Welcome to Winnipeg. We hope we made a good first impression. Barry Rempel, President & CEO 1 Winnipeg Airports Authority Inc.
Agenda Winnipeg Airports Authority Inc. – Our Mission Our Brand Airport Campus Growth & Development Airport City – Leveraging our Assets Airport City – Leveraging our Assets Questions 2
Our Mission 3
Community Focused Winnipeg’s aviation services/facilities devolved to locally responsible corporate entity (WAA) in 1997 – WAA is a non-share capital corporation incorporated under Part II of the Canada Corporations Act (the “CCA”) – Self-sufficient • Income generated through fees charged for transportation services, concessions, parking, rentals, real estate. • Fully taxable subsidiaries provide dividends • All net profit reinvested into the community, primarily through airport development projects. 4
Operational hours: 24 hours, 365 days/year New terminal building fully automated “common use” facility facility Annual passenger traffic: over 3.4 million (8 th largest in Canada) Annual cargo traffic: over 173,000 metric tons of cargo (3 rd largest in Canada) 5
How airports function... Airports have six key responsibilities to their customers 1 and 2 are: Safety and security of passengers, employees, operations and facilities 3. Providing quality service to users 3. Providing quality service to users 4. Efficiency 5. Environment 6. Economic Development 6. Economic Development 6
Winnipeg Airports Brand Our brand reinforces a vision of leadership in transportation innovation and growth. Airports today have become multimodal, multifunctional enterprises, that positively impact the communities they serve. impact the communities they serve. WAA branding reflects our goal of working with community to provide excellent facilities and a great future for our region. 7
What’s your airport worth? The Process – Airport and Campus partner employment, capital and operating Expenditures The effects of these expenditures in moving from hand to hand through the community hand through the community Equals enhanced economic activity well beyond the airport area itself. 8
The Numbers: 2010 Economic Impact of Richardson International Operating impact excluding capital improvements benefits 9
Economic Impact of Redevelopment Manitoba Canada-wide – Person years 6,370 8,132 – Wages $ 273 million $ 359 million – GDP – GDP $ 343 million $ 343 million $485 million $485 million – Economic output $1,009 billion $1,207 billion 10
Campus Capital Projects Project Cost Employment Year Airport Site Redevelopment $600 million 6,370 years 2005-2012 Economic Impact WAA Capital Projects $250 million 2000-2012 Study Underway Greyhound Terminal Greyhound Terminal $7 million $7 million 60 60 2008-2009 2008-2009 Standard Aero Expansion $50 million 250 2007-2009 Canada Post Facility $100 million 400 2009-2010 GE Engine Test Facility $50 million 10 initially 2011-2012 11
Airport Campus Growth & Development 2005-2012 New Winnipeg James New Winnipeg James Four-level Parkade Four-level Parkade Greyhound Terminal Greyhound Terminal Armstrong Richardson International Airport Standard Aero Expansion GE Aviation Engine Test Canada Post Facility 12
Planned Airport Campus Growth & Development 2012- Beyond Winnipeg Grand Office Buildings CalmAir Hangar Airport Hotel Employment Construction Winnipeg Grand Airport Hotel 60 $20 million Office Building 20 $13 million CalmAir Hangar 75 $10 million 13
Airport Campus - 2002 14
Airport Campus 2012 15
Future Developments On the Radar 16
Our Growth Model Winnipeg as Airport Airport Inland Port an integrated, Redevelopment Redevelopment Campus Campus intermodal intermodal Airport Airport Airport Airport Inland Port Inland Port Airport Campus “Airport City” redevelopment Campus More Partnerships Required 17
What is an Airport City? Airports are new dynamic centers of economic activity, incorporating commercial services and businesses, inside the terminals, on the campus and adjacent lands. In this process, they have established themselves as new nodes of regional development. – Hence, the concept of an “airport corridor”, “aerotropolis” or ”airport city.” The airport city model is becoming the norm for strategic development of major hub airports in the 21st century. 18
What are the Critical Factors for Development of an Airport City The connectivity of the airport and its surroundings The economic potential of the surrounding area A sustainable development context A commercial attitude by the airport operator Both the passenger cargo experience must be addressed to meet community needs and aid growth/development 19
Connectivity of Surroundings In order for the airport and its host region to succeed, we need inter-connectivity of all modes of transportation and to plan collaboratively. Instead of just planning what’s inside the airport boundaries, airport management needs to ensure collaboration with stakeholders “outside the fence”. stakeholders “outside the fence”. Coordinated plans are required so roads, rail and runways are working together to provide efficient networks which enable/attract more business. These new development models imply a significant shift in territorial, social, and economic development thinking. 20
Elements that affect Connectivity Integrated – ‘Whole City” Approach Land Use Planning Infrastructure – hard and soft Infrastructure – hard and soft Economic Development and International Marketing It really is about; Live, work, play (people and goods) 21
Airport City Concept Transportation Value Added Manufacturing Integrated Office Corridor Land Use Retail Airport Corridor Infrastructure Infrastructure Education Health Corridor Economic Development Residential Corridor 22
Soaring to New Heights: The Airport City Concept Winnipeg Airports Authority is working with others to transform our community in line with the Airport City concept: – Creating new non-aeronautical revenue sources to; • Create jobs by leveraging and coordinating our assets • Remain competitive, and meet the needs of the travelers/shippers travelers/shippers • Stimulate and facilitate increasing passenger and cargo traffic Partners Welcome … 23
Come invest with us in Canada’s new Airport City! 24
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